Randal Ice has adjusted gross income of $32,000.He has medical expenses for the year of $6000.How much of these expenses can he deduct from adjusted gross income?

Question

Quizplus · Accepted Answer

Medical expenses can only be deducted if they exceed 7.5% of adjusted gross income. In this case, 7.5% of $32,000 is $2,400. Since Randal's medical expenses are $6,000, $2,400 can be deducted from his adjusted gross income, leaving a deductible amount of $3,600.

Randal Ice Has Adjusted Gross Income of $32,000